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Selling used car privately

There are two choices while deciding what to do with your used car. You may sell it or keep it. If you choose to keep it then you may proceed with it having a heavy expenses over the maintenance or you may receive higher price by selling you used car privately, but it will require additional work on your part. And those are: -

Establishing a price
First you must establish a suitable price for selling used car. To help you, used car price guides are available at libraries and bookstores. Also check your local newspaper's advertising section for similar vehicles which will help you to opt for the exact price in your local market. And the best suitable way is to go for search at the internet for the complete and correct information.

Advertise your used car
Now you must advertise your car and your ad must include list of the year, model and body style, and you might want to include the number of miles, engine size, or color. While writing to your ad be honest. If your car has any special features such as a car alarm, let people know about them in your ad. The clearer and more honest your ad, the less hassle you'll have in selling your used car.

Prepare your used car
Prepare your used car for resale by having the car cleaned and all repaired by the mechanic. Having your car cleaned it looks attractive, which gives you an extra advantage competing from other cars in the market. An attractive car can justify a higher selling price. Do not go for major repairs, instead of spending lot of money in such major repairs, simply be honest and straight forward to give the ad for selling used car.

Respond to inquiries
Once prospective buyers start calling be ready to answer the questions. Answer to the questions honestly over the phone. Make an appointment with each caller for a specific time allow them for a test drive, clear all the positive and negative points. Make sure you ask for a phone number preferably a cell phone. Grab their positive attitude.

Check out title transfer procedures
Consult your state Department of Motor Vehicles to determine what requirements you must follow to transfer the title to the new owner. You must study this process, before you pass it on to the buyer and notify the DMV of the transaction. Make sure that the title is correctly transferred and the DMV is properly notified. Once the transfer is complete it will prevent you from being liable for any accidents, or any robbery made through your car.

Take cash only
Make sure that you always get either cash or a certified cheques of a co-operative bank. Do not take any personal cheques. If you do not feel comfortable carrying cash you can always go to the bank with the buyer and make an electronic transfer.

 

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